Crypto exchange HTX has continued operations under the same brand after UK sanctions, rebuilding its on-chain wallet infrastructure by rapidly rotating addresses across multiple blockchains, according to a TRM Labs report. HTX denies any wrongdoing, stating these are routine security operations.
A sanctioned Russian tanker, Forwarder, has entered the English Channel despite UK sanctions, the first such vessel to do so since the UK boarded the Smyrtos. Experts doubt interception due to its Russian flag and potential escort by a Russian warship.
China has strongly condemned the UK's imposition of sanctions on four Chinese companies as part of anti-Russian restrictions. The Chinese Embassy in the UK stated that the sanctions lack international legal basis and harm Chinese companies' interests, demanding their immediate revocation.
News highlights include Iran's President Pezeshkian challenging the US on dialogue, Russia imposing retaliatory sanctions on UK citizens, and advancements in Russian heavy combat drone technology. The US struck an empty oil tanker near Iran, while Trump issued an ultimatum to Iran.
The UK sanctioned 18 entities and individuals, including crypto exchange HTX and a stablecoin issuer, for allegedly helping Russia bypass Western financial restrictions via the A7 network. This marks the first time the UK applied its Russia sanctions regime to crypto exchanges, treating them as financial infrastructure.
The US and UK have imposed separate sanctions targeting individuals, companies, and networks involved in Iran's oil sales, financial transactions, and alleged hostile activities. These measures aim to disrupt Iran's oil exports to China and cut off funding for the IRGC, while the UK focuses on shadow banking and destabilizing operations linked to criminal networks.
Eighty-five Russia-linked people and entities have been sanctioned as part of a UK government crackdown on “pro-Kremlin narratives abroad”. The sanctions, imposed on Monday, were designed to target 29 individuals and organisations thought to have helped Russia forcibly deport and militarise Ukrainian children. More than 20,000 Ukrainian children have been taken to Russia and the territories which it has occupied, according to the UK Foreign Office. A further 56 individuals and organisations have...
Lawyers for oligarch claim freezing of £5.3bn of assets ‘unfair and abusive’ amid row over use of funds for Ukraine Roman Abramovich has gone to the European court of human rights (ECHR), claiming that a criminal investigation into his financial affairs by the Jersey authorities has breached his human rights, according to reports.The former owner of Chelsea FC, who is under UK sanctions over his links to Vladimir Putin, is being investigated in Jersey over allegations of corruption and money laundering. Continue reading...
